Question
A company is offered a trade credit term of "2/10 net
30" by its supplier. If it doesn't take the discount, what is the annualized cost of forgoing the discount?Solution
Formula: Cost = [Discount / (100 – Discount)] × (360 / (Full Period – Discount Period)) = [2 / 98] × (360 / 20) = 0.0204 × 18 = 36.7%
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124, 147, 176, 207, 244, ?
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3   2   3   6   14    ?    115.5
Find the missing number in the given number series.
8, 9, 16, 11, 32, 13, ?70, 69, 73, 64,80, 55, ?
